Market Size of Europe Commercial Blinds and Shades Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Commercial Blinds & Shades Market Analysis
The Europe Commercial Blinds and Shades Market is expected to register a CAGR of 4.8 % during the forecast period of 2022 - 2027. The coronavirus outbreak (COVID-19) was a massive restraint on the commercial blinds and Shades manufacturing market in 2020, as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments in Europe. Steps by national governments to contain the transmission have resulted in the halting of manufacturing activities and a decline in economic activity, with countries entering a state of lockdown. The outbreak was expected to have a negative impact on businesses throughout 2020 and into 2021.
- In recent years, the real estate industry has experienced considerable growth and increased the value of residential properties. The demand for window coverings develops in parallel with the number of commercial buildings, raising the price of window blinds. Consumer spending is also an important factor in the window blind industry. The rise of the window blind market has also been influenced by brand awareness and television advertisements.
- Material, quality, and affordability are important considerations when choosing window blinds and shades. The window blinds industry is driven by increased commercial construction. The market for window blinds is expected to grow rapidly in the near future. The growth in smart commercial building popularity and infrastructure development throughout Europe will likely propel the market forward over the forecast period. The demand for window blinds is also being boosted by changes in the interior design of commercial buildings.
- The window blind slats can easily get damaged, especially if the blinds are made up of aluminum or plastic blinds. Lack of awareness about interior window treatment solutions among commercial consumers is likely to restrain the window blinds and shades market.
- Customers' demand for the latest technology-based goods is growing. Thus, window coverings providers are offering a wide of blinds and shades with innovative features and competitive prices. Smart building adoption is projected to continue strong because of technological developments and the addition of new features to industrial automation. Hence with rising in smart buildings, demand for portable window coverings is expected to increase rapidly over the forecast period.
